Most individuals especially the employees believe that their corporate insurance cover is sufficient. In many cases, it could be so due to the added additional advantages of covering for maternity expenses, pre-existing diseases and parents (even for an extra cost). Moreover, with the top-up options available to add on over the corporate cover, the benefits outstrip most of the otherwise available options for the public. These are good but if one were to change jobs or even quit job and start on their own, in these cases it wouldn’t fit the bill. So, how would one approach to this?
The most common criterion for deciding an additional or even a primary health plan is the premium it costs. The problem with this approach is that it mayn’t address what’s necessary for them. This is because the premium of a health insurance plan depends upon the age of the individual, family members and the options one is getting them covered for. So, this kind of analysis would not be helpful.
